Unilever sets 2030 ‘carbon positive’ goal in shift to 100% renewables. They will generate more than they need for global operations and export to the grid.Prince Charles plan to expose climate polluters in Commonwealth to big-money legal action. This if they fail to accurately disclose their impact on climate change.“Statoil doesn’t debate climate science. We act on it. The way the world meets its need for energy today will not limit the increase in global temperatures to 2C.” A top exec speaks out.26.11.15.Suzanne Goldemburg reviews 20 years of COPs. “The tears, the bloodshed and the unspeakable catering.” Different this time?
25.11.15.Carbon limits to put $2 trillion of coal, oil, gas projects at risk, Carbon Tracker reports. Our synthesis report is out, and oil companies are reacting negatively.Abengoa starts insolvency proceedings. The Spanish renewable energy company owes more than €20 bn.
24.11.15.India opposes deal to phase out fossil fuels by 2100 in Paris. An official says: “The entire prosperity of the world has been built on cheap energy.”KPMG forecasts Indian solar prices up to 10% lower than coal power prices. By 2025, renewable energy could make up 20% of India’s primary power mix, broadly in-line with 450ppm.Former heads of BP and Shell accuse energy groups of not doing enough on climate. John Browne and Mark Moody-Stuart profess that there is a “significant disconnect”.
23.11.15.Prince Charles blames the Syria conflict, in part, on climate change. This in an interview with Sky News. Much of the UK media immediately spin his caveated comment into an absolute.Global debt defaults near milestone, with US shale drillers leading the pack. 99 companies have defaulted globally since the beginning of the year, 66% American, mostly in oil and gas.Most of Britain’s major cities pledge to run on green energy by 2050. The leaders of more than 50 Labour-run councils made pledges to eradicate carbon emissions in their areas.“Leapfrogging to Solar: Emerging Markets Outspend Rich Countries for the First Time.” Bloomberg: “China alone is adding more renewables than the US, UK and France combined.”